Colorado is known for its world-class skiing, picturesque scenery, hiking, rafting and other unique experiences that set it apart from the rest of the country. Recently, one of its most well-known cities, Denver, became recognized for another reason: the third "hottest housing market" in the United States.
In Colorado, you might be able to buy a house for as little as 200 Bitcoins. However, that will cost you almost $800,000.
Currently, there are over 125 "opportunity zones" in Colorado. At least 35 of them are located in Denver and its surrounding areas.
Under Colorado law, rental price capping is illegal. Although the issue was brought up to Denver legislature as recently as February 2018, previous Colorado Supreme Court rulings upholding the 1981 law mean the situation is unlikely to change.
A mansion located next to the main chairlift at the Aspen ski resort is the center of a million-dollar real estate dispute involving earnest money. The Aspen Daily News recently reported that the buyer of a $17.5 million ski home backed out more than two months after the contingency period had passed.
Purchasing a home can be an exciting time, until you find out your real estate agent has not been telling you the truth. At least, that is what happened in Denver last month.
Recently, one of the largest apartment companies in Colorado came out on top in a legal battle with Airbnb over illegal short-term rentals. The company, Aimco, sued Airbnb after residents were upset with short-term renters at a number of the company's properties.